California Code of Regulations
Title 10 - Investment
Chapter 5 - Insurance Commissioner
Subchapter 1 - Production of Insurance
Article 4 - Surplus Lines
Rules Covering Specific Policy Forms Heretofore Submitted to the Commissioner
Section 2147 - (a) Furriers Block Policy

Universal Citation: 10 CA Code of Regs 2147
Current through Register 2024 Notice Reg. No. 38, September 20, 2024

This form has been submitted for a ruling as to whether or not same is permissible for nonadmitted insurers. The request for ruling is based upon a form similar to the Jewelers Block Form but covering furs, namely covering not only merchandise in stock at the assured's permanent location or locations, but outside risk of the insured against fire arid supplementary lines, burglary and other hazards. Unlike the Jewelers Block Form Section 103 of the Insurance Code does not authorize issuance of such policies covering furs as marine insurance.

Forms in nonadmitted insurers covering all hazards of the Furriers Block Policy but specifically excepting fire and supplemental coverages attaching to assured's merchandise at assured's permanent location or locations are permissible for writing in nonadmitted insurers subject to the submission rules.

It will be understood that the rates applying to the several burglary coverages of the Block policy will be not less than those quoted by admitted insurers.

Disclaimer: These regulations may not be the most recent version. California may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.